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Gray Television (GTN) Catches Eye: Stock Adds 6.3% in Session

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Gray Television, Inc. (GTN - Free Report) was a big mover last session, as its shares rose over 6% on the day. The move came after the company reported an earnings beat in fourth-quarter 2016. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up almost 21% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Gray Televison currently sports a Zacks Rank #1 (Strong Buy).

Another favorably placed stock in the Broadcast Radio and Television space is ITV PLC. (ITVPY - Free Report) , carrying a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
    
Is GTN going up? Or down? Predict to see what others think: Up or Down
 

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